Banks’ bad loans surge to Rs 9.61 lakh cr by FY18: Government

Indian banks stood on gross bad loans of more than Rs 9.61 lakh crore by the end of 2017-18 while loans to industries formed a major chunk of such non-performing assets, official data showed today.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2mZMs9A